Buying a home is the ultimate sign of adulting. Or is it? What has long been considered a rite of passage is not necessarily the best sign that you’ve made it. A better indication may be how you approach this big decision and how you manage your money to be financially awesome.
Ready to move to a new stage of life? If you’re gearing up to sell a home and making plans for the proceeds, remember to factor in the costs of selling to ensure you’ll be in a financially awesome position once the transaction closes.
There’s retro, and then there’s avocado green. If waking up in a time warp day after day is taking the joy out of a new-for-you home, diving into dreamy fixer-upper projects may be past due.
Whether it’s for a career move, a significant other or the sheer sense of adventure, a move to a new city is full of possibilities. But it can also be full of dollar signs. Before pulling up stakes to experience life in another part of the country, get acquainted with some hidden costs so you’re not left out in the cold when you get there.
If you’ve been standing on the sidelines of a hot housing market, it may seem like the time to buy is right now, before prices jump even higher. But a first home purchase may be one of your biggest buys ever, so resist the urge to take the plunge without doing the necessary legwork.